ArcBest Balance Sheet Health
Financial Health criteria checks 6/6
ArcBest has a total shareholder equity of $1.2B and total debt of $228.9M, which brings its debt-to-equity ratio to 18.4%. Its total assets and total liabilities are $2.5B and $1.2B respectively. ArcBest's EBIT is $194.2M making its interest coverage ratio -34.5. It has cash and short-term investments of $330.1M.
Key information
18.4%
Debt to equity ratio
US$228.94m
Debt
Interest coverage ratio | -34.5x |
Cash | US$330.07m |
Equity | US$1.24b |
Total liabilities | US$1.24b |
Total assets | US$2.49b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: AQY's short term assets ($884.8M) exceed its short term liabilities ($701.6M).
Long Term Liabilities: AQY's short term assets ($884.8M) exceed its long term liabilities ($541.2M).
Debt to Equity History and Analysis
Debt Level: AQY has more cash than its total debt.
Reducing Debt: AQY's debt to equity ratio has reduced from 40.7% to 18.4% over the past 5 years.
Debt Coverage: AQY's debt is well covered by operating cash flow (140.8%).
Interest Coverage: AQY earns more interest than it pays, so coverage of interest payments is not a concern.